• August 13, 2014

FX Reversals: EURUSD Morning Reversal Update

Talking PointsEURUSD Bounces off Range SupportPrice Breakout Signaled Above 1.3395Prices Below R3 Signal Return to Ranging MarketsEURGBP 30min Chart(Created using FXCM’s Marketscope 2.0 charts) The EURUSD has tested and reversed at multiple levels of support and resistance in early U.

  • August 11, 2014

FX Reversals: USDCAD Tests Support

Talking PointsUSDCAD Tests S3 SupportRange Resistance Found at 1.0992Prices above R4 Signal a BreakoutUSDCAD 30min Chart(Created using FXCM’s Marketscope 2.0 charts) Going into Fridays close, we evaluated the USDCAD as breaking up through previously mentioned levels of resistance.